Episode 163: Kevin is sharing helpful tips for selling unused items on OfferUp to get some extra cash. Sean is recounting his experience talking to his kids about money after our “Tips for Raising Money Savvy Kids” episode.
What is OfferUp?
OfferUp is a market place app that lets you sell your unused items for a bit of extra cash. Kevin has recently been trying to declutter and decided to sell a couple of older items with success on OfferUp.
Here are a couple of tips for using this app to sell your unused items:
Ask for Confirmation
Ask people who are buying your goods to confirm when they’re on the way. Don’t share your home address until you hear that confirmation.
First Come, First Serve
Don’t put holds on your items or people might never show up. Let them know that until the money is received, it’s first-come, first-serve.
Don’t try and get back what you spent on an item five years ago. Think more about decluttering with a small cash incentive.
Pay Through the App
One of the benefits of OfferUp is that you can pay through the app and have the payment held in escrow. This takes out the awkwardness of negotiating and helps everyone get what they want.
Disclaimer: Kevin and Sean are not professional financial advisors. Do not take any advice they give without first speaking with a professional and performing your own due diligence.This post may include affiliate links.